Poket News

Bilateral trade between India and China crosses USD 90 billion

 

  • The bilateral trade between India and China stands at USD 90.37 billion by the end of September 2021, an increase of 49.3% year-on-year (YoY), according to the nine-month data released by the Chinese customs. 
  • China’s exports to India went up to USD 68.46 billion up 51.7% YoY, apparently aided by massive imports of urgent supplies, like oxygen concentrators, when India was in the grip of the 2nd wave of the COVID-19 pandemic in April and May this year.